iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Hits New 52-Week Low – Should You Sell?

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $33.29 and last traded at $33.29, with a volume of 139798 shares changing hands. The stock had previously closed at $33.68.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Down 1.6%

The firm’s 50 day simple moving average is $35.34 and its 200 day simple moving average is $36.28.

Institutional Trading of iShares 25+ Year Treasury STRIPS Bond ETF

An institutional investor recently bought a new position in iShares 25+ Year Treasury STRIPS Bond ETF stock. Sankala Group LLC purchased a new position in shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 278,663 shares of the company’s stock, valued at approximately $2,734,000. iShares 25+ Year Treasury STRIPS Bond ETF accounts for about 2.3% of Sankala Group LLC’s portfolio, making the stock its 9th biggest position. Sankala Group LLC owned about 0.98% of iShares 25+ Year Treasury STRIPS Bond ETF as of its most recent SEC filing.

About iShares 25+ Year Treasury STRIPS Bond ETF

The iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US separate trading of registered interest and principal securities (STRIPS), with remaining maturities of at least 25 years. GOVZ was launched on Sep 22, 2020 and is managed by BlackRock.